The Georgia STABLE Account is an investment account for eligible individuals with ID.
Learn more about how STABLE Accounts can support your plans to Include College.
A STABLE account is an investment account available to eligible individuals living with disabilities. STABLE accounts allow individuals to save and invest money without losing eligibility for certain public benefits programs, like Medicaid, Supplemental Security Income (SSI), or Social Security Disability Income (SSDI).
STABLE accounts are investment accounts, similar to 529 college savings accounts or 401(k) retirement accounts. When you deposit money into your STABLE account, your money will be invested in different options that you choose. While you can still withdraw and spend your money whenever you need it, STABLE accounts also allow you to grow your money and to save long-term for disability expenses.
Accountholders can save and invest up to $18,000 a year (and, if employed, up to $14,580 more) for a wide range of qualified expenses. The account’s growth is tax-free and your contributions may qualify for a state income tax deduction.
These savings can be used for everyday expenses, including education.
Georgia has also launched the STABLE/Path2College Matching Scholarship program that is designed to encourage families with children who have disabilities to save for future qualified educational expenses through Georgia’s Path2College (P2C) 529 Savings Plans.
What is the Georgia STABLE/P2C Matching Scholarship Program?
The Georgia STABLE/P2C Matching Scholarship Program is designed to encourage families with children who have disabilities to save for future qualified educational expenses through Georgia’s Path2College (P2C) 529 Savings Plans.
